US AAA–AA Non-Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-oil-gas-non-callable
US AAA–AA Non-Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.57%, fitted curve 1M–30Y (4.83%–6.52%), 31 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.83% | — |
| 6M | 4.83% | 4.91% |
| 12M | 4.86% | 4.94% |
| 2Y | 5.18% | 5.60% |
| 3Y | 5.31% | 5.66% |
| 4Y | 5.33% | 5.48% |
| 5Y | 5.35% | 5.54% |
| 6Y | 5.38% | 5.63% |
| 8Y | 5.46% | 5.85% |
| 9Y | 5.51% | 6.14% |
| 10Y | 5.57% | 6.40% |
| 15Y | 5.96% | 7.39% |
| 25Y | 6.47% | 8.49% |
| 30Y | 6.52% | 7.54% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.18% and the 10-year 5.57%, a 10Y−2Y spread of +39 bp — positively sloped — as of 2026-09-11. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-18 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.18% | 4.64% | — | — | 4.58% | 4.62% | 4.14% |
| 10Y | 5.57% | 5.46% | 5.29% | 5.29% | 5.28% | 5.19% | 5.14% |
| 10Y − 2Y | +39 bp | +82 bp | — | — | +70 bp | +57 bp | +100 bp |
Bonds in this curve
A selection of 30 of the 37 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Korea National OIL Corp | 7.10% | 2026-10-24 | 2.50% | US50066RAD89 |
| Korea National OIL Corp | 4.50% | 2027-03-27 | 3.38% | US50066RAG11 |
| Noble Energy INC | 3.91% | 2027-04-01 | 8.00% | US654894AF14 |
| Equinor ASA | 4.50% | 2027-09-23 | 7.25% | US656531AM27 |
| Equinor ASA | 4.87% | 2029-01-15 | 7.15% | US656531AJ97 |
| Saudi Arabian OIL Company | 5.46% | 2029-02-02 | 4.00% | XS3283469313 |
| Saudi Arabian OIL Company | 5.38% | 2029-04-16 | 3.50% | XS1982113208 |
| Saudi Arabian OIL Company | 4.90% | 2029-04-16 | 3.50% | US80414L2D64 |
| Adnoc Murban RSC LTD | 5.41% | 2029-09-11 | 4.25% | XS2898198358 |
| ABU Dhabi Crude OIL Pipeline LLC | 5.50% | 2029-11-02 | 3.65% | XS1709529520 |
| Saudi Arabian OIL Company | 5.54% | 2030-06-02 | 4.75% | XS3084344863 |
| Korea National OIL Corp | 5.26% | 2030-10-05 | 1.62% | US50066RAN61 |
| Saudi Arabian OIL Company | 5.61% | 2030-11-24 | 2.25% | XS2262853265 |
| Saudi Arabian OIL Company | 5.52% | 2031-02-02 | 4.38% | XS3282974933 |
| Korea National OIL Corp | 5.29% | 2031-04-07 | 2.38% | US50066RAQ92 |
| Texaco Capital INC | 4.94% | 2031-11-15 | 8.62% | US881685AX97 |
| Texaco Capital INC | 4.75% | 2032-04-01 | 8.62% | US881685AY70 |
| Korea National OIL Corp | 5.35% | 2032-04-18 | 2.62% | US50066RAT32 |
| Texaco Capital INC | 4.89% | 2032-08-01 | 8.00% | US881685BB68 |
| Adnoc Murban RSC LTD | 5.62% | 2034-09-11 | 4.50% | XS2898198432 |
| Saudi Arabian OIL Company | 5.77% | 2035-06-02 | 5.38% | XS3084344947 |
| XTO Energy INC | 5.09% | 2036-04-01 | 6.10% | US98385XAJ54 |
| Shell PLC | 5.76% | 2038-12-15 | 6.38% | US822905AU98 |
| Saudi Arabian OIL Company | 6.10% | 2039-04-16 | 4.25% | XS1982113463 |
| Shell PLC | 5.76% | 2040-03-25 | 5.50% | US822905AW54 |
| Shell PLC | 5.77% | 2041-10-15 | 5.12% | US822905AY11 |
| Shell PLC | 5.80% | 2041-10-15 | 5.12% | US822905AX38 |
| Saudi Arabian OIL Company | 6.60% | 2049-04-16 | 4.38% | XS1982116136 |
| Saudi Arabian OIL Company | 6.62% | 2050-11-24 | 3.25% | XS2262853349 |
| Adnoc Murban RSC LTD | 6.45% | 2054-09-11 | 5.12% | XS2898198515 |